In order to ensure optimal and secure functionality of Micro Grid (MG), energy management system plays vital role in managing multiple electrical load and distributed energy technologies. With the evolution of Smart Grids (SG), energy generation system that includes renewable resources is introduced in MG. This work focuses on coordinated energy management of traditional and renewable resources. Users and MG with storage capacity is taken into account to perform energy management efficiently. First of all, two stage Stackelberg game is formulated. Every player in game theory tries to increase its payoff and also ensures user comfort and system reliability. In the next step, two forecasting techniques are proposed in order to forecast Photo Voltaic Cell (PVC) generation for announcing optimal prices. Furthermore, existence and uniqueness of Nash Equilibrium (NE) of energy management algorithm are also proved. In simulation, results clearly show that proposed game theoretic approach along with storage capacity optimization and forecasting techniques give benefit to both players, i.e., users and MG. The proposed technique Gray wolf optimized Auto Regressive Integrated Moving Average (GARIMA) gives 40% better result and Cuckoo Search Auto Regressive Integrated Moving Average (CARIMA) gives 30% better results as compared to existing techniques.

In this work, a new orchestration of Consumer to Fog to Cloud (C2F2C) based framework is proposed for efficiently managing the resources in residential buildings. C2F2C is a three layered framework consisting of cloud layer, fog layer and consumer layer. Cloud layer deals with on-demand delivery of the consumer’s demands. Resource management is intelligently done through the fog layer because it reduces the latency and enhances the reliability of cloud. Consumer layer is based on the residential users and their electricity demands from the six regions of the world. These regions are categorized on the bases of the continents. Two control parameters are considered: clusters of buildings and load requests, whereas four performance parameters are considered: Request Per Hour (RPH), Response Time (RT), Processing Time (PT) and cost in terms of Virtual Machines (VMs), Microgrids (MGs) and data transfer. These parameters are analysed by the round robin algorithm, equally spread current execution algorithm and our proposed algorithm shortest job first. Two scenarios are used in the simulations: resource allocation using MGs and resource allocation using MGs and power storage devices for checking the effectiveness of the proposed work. The simulation results of the proposed technique show that it has outperformed the previous techniques in terms of the above-mentioned parameters. There exists a tradeoff in the PT and RT as compared to cost of VM, MG and data transfer.

In the last couple of decades, numerous energy management strategies have been devised to mitigate the effects of greenhouse gas emission, hence introducing the concept of microgrids. In a microgrid, distributed energy generators are used. Microgrid enables a point which ameliorates in exchanging power with the main grid during different times of day. Based on the system constraints, in this work, we aim to efficiently minimize the operating cost of the microgrid and shave the power consumption peaks. For this purpose, we introduce an improved binary bat (iBBat) algorithm which helps to schedule the load demand of smart homes and energy generation from distributed generator of microgrid to the load demand and supply. The proposed energy management algorithm is applied to both grid-connected and islanded modes of the microgrid. The constraints imposed on the algorithm ensure that the load of electricity consumer does not escalate during peak hours. The simulation results are compared with BBat and binary flower pollination algorithm, which validate that the iBBat reflects substantial reduction in operating cost of microgrid. Moreover, results also show a phenomenal reduction in the peak-to-average ratio of load demand from main the main grid.